Answer:
Must be exactly 8,000 people per hour.
Explanation:
Flow rate or throughput is the rate at which customers, goods, or services flow though a business process. It is usually measured as an average number of units that pass through a process per unit time.
In this scenario the people that entered the NASCAR venue were 8,000 people per hour.
So when people are coming out of the NASCAR venue average rate of flow out must be 8,000 people per hour.
The rate of units entering a business process must be equal to rate of units coming out per unit time.
Answer:
From this information one can conclude that last period the variable overhead efficiency (quantity) variance was <u>unfavorable.</u>
Explanation:
The variable overhead efficiency variance measures the difference between the actual and budgeted hours worked with respect to standard variable overhead rate per hour.
Variable overhead efficiency variance can be calculated thus:
Actual labor hours less budgeted labor hours x Hourly rate for standard variable overhead
If the time it takes to manufacture a product and the time budgeted for it matches or performs well, the labor efficiency is favorable.
Variable overhead efficiency variance is deemed unfavorable when it takes the company more time than budgeted to produce. This also shows labor efficiency variance was unfavorable.
Answer:
$166.8
Explanation:
Given that,
Units expected to produced = 400,000 units
Machine hours required = 1.2 each
Manufacturing overhead costs:
= Department 1 + Department 2
= $2,530,000 + $2,752,000
= $5,282,000
Total Machine hours:
= Department 1 + Department 2
= 30,000 MH + 8,000 MH
= 38,000 MH
Overhead cost per machine hour:
= Manufacturing overhead costs ÷ Total Machine hours
= $5,282,000 ÷ 38,000 MH
= $139 per MH
Overhead cost per unit:
= Overhead cost per machine hour × Machine hours required for each
= $139 per MH × 1.2
= $166.8
If a computer virus spreads rapidly through a company's computer system and threatens to shut down all internal and external lines of communication, the company will likely put a contingency <span>plan into effect.
</span>A contingency <span>plan is part of the risk management that deals with risks that</span> have catastrophic consequences. In this case the computer virus is a risk with catastrophic consequences: shut down communication.
